Question

-. Mimi deposited $2,500
in the bank at a 4%
interest rate for 7 years.
What is the interest and the total

Answer 1

Answer:

The total is $3,725

and the amount earned in interest is $1,225

Step-by-step explanation:

$2500 multiplied by 7% = $175

$175 * 7years =$1,225

$1,225 (interest) + $2500 (starting amount) = $3,725